The weekly view of Sanlam shows the share is in week 27 & ended the week with a reversal candle. The drop towards weekly cycle low must drop to below the pink upwards slopping support line. Once we reach that point we look for a turn to the upside, however the drop must not go below R46.86. Current price can also be seen to turn away upon hitting the 200 week moving average.
Trade closed: stop reached